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6941  Economy / Speculation / Re: Sell or wait? on: February 21, 2017, 08:22:38 AM
see the bitcoin prices rose today makes me forward- thinking that waiting for higher prices again, is a wise decision. maybe in a few weeks, the price of bitcoin is able to achieve a price of $ 1200, or maybe more than that. 2 weeks is a faster time, I am sure, it will happen.
The increase is substantial and as of now, there is no sign of stopping and I think this will continue and we can have $1,200 easily by the end of this month. Right now, we are about to touch $1,100 so it's a good signal not to sell yet to gain more value by the time we we cash out. At this moment of time, it is where we must be monitoring the price to buy and sell at the right timing.
6942  Economy / Economics / Re: Bitcoin can not replace fiat on: February 21, 2017, 06:47:05 AM
Actually you are right with your statement. Why complicate things when Fiat can handle all of the transactions done. With Bitcoin as a currency you will add up extra time in finding stores that accept, converting your fiat to Bitcoin, and also waiting time for the transaction to be confirmed. With Fiat everything can be an instant and hassle free.
you know, people are too stingy to pay for the fee although they do not have to pay the tax why using Bitcoin. Increasing the transaction fee will solve all the problems. If you do not want to wait, just increase it and you will satisfy with your decision. Segwit is also very useful. However, miners deny using this feature since they believe that Segwit will reduce the amount of fee they can have per transaction
There is nothing we can do with that, they are in control of the network and without them transactions will be very slow or would not be possible. For online transaction bitcoin already dominated it at least for our opinion as there are still plenty of people who has no idea about bitcoin yet. However, by this recent progress of bitcoin, it will give more popularity for the bitcoin as a whole as the price movement is very interesting and that would make them view bitcoin as a strong asset and a good investment as well.
6943  Economy / Gambling discussion / Re: is gambling worth to try for newbie? on: February 21, 2017, 06:24:07 AM
Its not bad for a newbie to try gambling for the first time , many newbies are winning on different gambling sites when they was a newbie. Begginers luck maybe , It is just risky for a newbie to be addicted on playing gamblinv that you cant control your feelings and emotions, You came to the point that you are starting ruining your life. That is bad side being addicted.
You are right its not bad for any one to try gambling but worst thing is addiction because if some one going to addicted this then he is going to lost many things some even lost lives for this if you want to enjoy then just do this for fun never try to involve too much as its going hurt
Before a newbie will start to gamble, he should know the possibilities most especially the negative things. When he is aware of gambling addiction, he can do it at the right way, addiction is the big hindrance for enjoying in the long run and people can only be addicted if he does not know how to accept loses.
6944  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: February 21, 2017, 03:22:13 AM
No one know the future.20 Years From Now very long period.Bitcoins will never exceed 21 million when mining will be end after that time will be crucial time for bitcoin because I am sure we already lose 1/4th bitcoin and never been back.price will skyrocket or will be dead.

Yeah, basically using bitcoin system gambling. Where will not know how the growth of the bitcoin in the future, but it all won't be a problem for those of us who can do the best in the travel a bitcoin for bitcoin for thought but to provide tools so that we can get a big advantage. Bitcoin is a tool and we should be able to utilize those tools very well in order to generate huge advantages
Utilizing it means we have to earn from it, for me there are many ways to grow our bitcoins but I would be more favorable on a safer action which is to just hold it longer. This progress is very promising and we see how the price have increased substantially, in the future to come when bitcoin gets more attention from capitalist, we should be ready in cashing out our profit and I believe 20 years from now is enough time to make a fortune in bitcoin.
6945  Economy / Gambling discussion / Re: 2016/17 NBA Season on: February 21, 2017, 03:01:04 AM
The NBA World over USA,  and West over East win were easy money, i feel sorry for those who missed.
There is no easy money in NBA, bookmakers are not stupid, it just turn out that the + points is very tempting although we know how strong the west is. That's gambling and I'm sure no easy money based on my years of experience as a sports bettors, better luck next time, next season there will be another all star game and I hope we are right that time though. Grin

Anyway, cousins will be heading to New Orleans Pelicans, good move, another beast in the west?
6946  Economy / Gambling / Re: BITDICE CASINO - CONGRATULATIONS TO WONTON FOR WINNING 300BTC on: February 20, 2017, 01:13:40 PM
BitDice often makes fun filled techniques to keep users active. In a manner past week it gave users the first come first served by providing prize to the person saying My Pants are on Fire. BitDice as a trusted gambling website stands high than other websites. Also its popularity has increased in a very short. The highest win too is a reason for its popularity.
That's right they have a unique way to be active users by giving gifts to the person who first comment "My Pants are on Fire!", It is very pleasant I think. BitDice including new gambling sites so that they will increase their popularity in order to become a trustworthy and desirable sites.
I guess they are trustworthy already, gamblers would not risk big bets in this site if they are not. Just to say something, Bitdice is getting more popular because it is trustworthy and not to get popular in order to become trustworthy. Never seen scam accusation about Bitdice, if there's one, I'm sure it was resolve very fast as they have a good support.
6947  Economy / Trading Discussion / Re: Skills vs Luck *poll* on: February 20, 2017, 07:12:27 AM
we still can be cut lost then wait and see until there is chance for making profit from trading,
This is the point actually where we need our luck to help us. Because no trader will be able to predict exactly what will happen with price movements. There are many occasions, in those markets will go against us and could not find any  help other than depending on our luck to favor us to conclude that trade in profits.
Luck can help but it's not a big factor to consider, when you trade you analyze how the price move to predict the right movement and with lack of research will lead you to poor analysis and let's say you are lucky that time and you made it right, but how about the next prediction, are you sure your luck will still save you? I guess we better be more educated than just relying so much with our luck, consistency is what we need.
6948  Economy / Trading Discussion / Re: In Trading, What Can Be Measured Can Be Managed on: February 20, 2017, 06:48:12 AM
Only the idiots don`t track and analyze their performance and loose everything.
Perhaps your advice will be helpful only for the newbies.
No, I'm sure even professional traders will not find time to track back their performances and it eventually will be leading into repeating their own mistakes. I do not find any wrong on having such a topic as it must be helpful for both experienced as well as naive traders.

Keeping track of our performances will help to eliminate same mistakes in trading.
In that case, I would not call them as professionals as I believe professionals are purely treating trading as their main job and their source of income. Keeping your performance is a must, that will tell you if you are performing well or not, I hope even if we are not professional traders yet, we can learn how to do it.
6949  Economy / Economics / Re: Where can i invest my money? on: February 18, 2017, 11:52:58 PM
bitcoin itself is an investment. you have a lot of money dude, say'm sure you will be pleased to have invested in bitcoin if you hold it in quite some time. but, if you're not interested, try to check your market trading. so many coins that can be made as a means of transaction there.

Yeah, I agreed. at least if your gonna use your investment to buy bitcoin that's the very good decision that you are going to make. Bitcoin its not just an investment but an assets too, your own bank also, then after that hold your bitcoin and storage it in your wallet until the price become double or more.
The value of bitcoin is predicted to increase more in the future to come, therefore if you are saving it for the future, make sure you still have that by the time you will cash it out and that will only happen if you will always secure your bitcoins. Remember that it is not like bank in real world that whenever our deposits are gone, it is subject to insurance and you are confident you will get your money back. Making bitcoin as our investment involves bigger risk as the reward is the same, hence, if we want to succeed, we have to minimize that risk.
6950  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs altcoins because ... on: February 18, 2017, 08:55:14 AM
Bitcoin needs altcoins because it is another factor why people are into bitcoin because they see great opportunity like altcoin to make profit. And also bitcoin need altcoins because it is one of the ways how bitcoin is being diverse and how it lessen the supply of bitcoin because most of the bitcoin are on altcoin market and it reflects for bitcoin market price to be high because of fewer supply.

Altcoins trading is more gambling than real trading..
You cant really Predict the trend of an altcoin.
I don't think those altcoin Markets "lower the supply of btc" that much, that it created a higher price
It's not what I think, trading is an act or converting your asset into fiat to have it's value. Trading in altcoins has no difference in trading with bitcoin, it just so happen that bitcoin is more popular than altcoins but if you will just dig deeper and expand your knowledge, you can find that there are more legitimate altcoins that has been existing successfully for a long time already, they provide your greater profit as they fluctuate more than bitcoin itself.
6951  Economy / Economics / Re: You should never trust banks on: February 18, 2017, 08:34:32 AM
Depending the bank I trust it. I must say they are less risk than bitcoins. There is a contract which you sign and it guarantees you refund if something unexpected happens. It gives me security, but low profit. The average, good profit is in bitcoins.
Storing my money at those banks I know the money is safe there, I trust them because of it.

I do choose also the banks that I'm going to trust. Actually there are banks here in my country which are trustworthy. Almost all of the commercial banks here are trustworthy depending on what service you got. Those banks that became bankrupt in the end are already closed. Still I do prefer to trust banks when it comes to my fiat management.
I believe all banks are trustworthy, they are in the business of trust and they will have to maintain it in order to operate longer. Though we cannot deny the fact that they are also banks who violate the law but it's not our problem anymore, as a depositor, our money is insured and whatever happen to a certain bank we deposited our money with, we will surely gonna recover what we loss.
6952  Economy / Trading Discussion / Re: When do you plan to sell? on: February 18, 2017, 07:39:20 AM
I think to sell bitcoin prices are not for this year or next year until I find the truth in the picture below Smiley



Woah! Just wow man! Good thing that I'm not planning to sell my bitcoin for this year. Well if that picture is true, I hope that it will and probably I'll just wait for the right time to sell. But seeing that picture and it's last phase, it will take a long time before it happens. Whatever it is I won't sell my bitcoins now, maybe I will next year.

Too good to be realistic. I don't think this should even be a gauge on when we'll sell our btcs. Even if all people around the world are using bitcoin, i don't think the price would reach even half that amount. 800k is just too unrealistic for me.

Indeed there is no indication that whole of those fund will be converted or transfered to Bitcoin.  We can consider the possible competitor of Bitcoin getting the pie of the whole scenario.  and as you said 800k  per BTC is very unrealistic.  That too is my opinion.
I guess anything less than $10,000 is realistic. I like the what it showed in the picture, that's a little percentage in terms of adoption and yet the price are going to increase substantially. We are still talking with some possibilities that will happen and not yet the massive adoption, what if that time will really come, what would be the price then? Bitcoin is really unpredictable, I like bitcoin to replace remittances.
6953  Economy / Trading Discussion / Re: Trading is unpredictable job. on: February 18, 2017, 05:47:28 AM
As a trader it doesn't mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.
There's a lot of applications now that can help you with analyzing the information you have in trading, we are in the present situation of the world now where technology is fast moving, we should adopt with it to make our lives easier. The faster we analyze the faster we can make a decision, if our decision is right, profit is on the way. Day traders should educate themselves more and search for ways to ease their job.
6954  Economy / Gambling discussion / Re: 2016/17 NBA Season on: February 17, 2017, 01:25:27 PM
What a bad day for the Boston Celtics they almost sealed the win. The last call against them is really frustrating and I don't see any foul on Jimmy Butler resulting for couple of bonus points rewarded for the Bulls. So much soft call. I even watched the replays several times.

Celtics 103 Bulls 104
You can't beat a team when the organization is with them, the line was bulls +1 and that is very suspecting considering wide is out and Boston has been playing great in road games. It's not you know lose the game, I was not able to bet on the pre game but I take the Celics live. No chance for my bet to win which is -5.5, not a blowout game by the celts as I thought.
The Celtics nearly escaped with a win in the home court of the Chicago Bulls, backed by another stellar performance from Isaiah Thomas, who broke a franchise record for longest streak of 20 plus points games. On a side note, these two teams are currently rumored to be trying to strike a deal that would send Jimmy Butler to Boston in exchange for who-knows-what. The trade deadline is sure to bring a lot of players to new addresses, and the second half of the season should prove to be more exciting.

Celtics is already a fun team to watch this season but it seems it missing something.
Getting Jimmy Butler to Celtics will be I think he will be perfect fit to the team.
With Isiah Thomas, Al Horford, Butler will the missing link and should be like the
The Celtics Big 3 before. Celtics (Ainge) should make the move now, It will be
worth watching Thomas Horford and Butler playing together on the floor.
I'm still worried about the chemistry of the team, we know that Jimmy is a superstar at least better than Thomas in the eyes of the many, the problem that I see is, who would take in charge in crunch time, we know that in every team there should be a go to guy to close out games and we have witnessed how good this two in winning their team.
There's a lot of things to consider, but one thing should not be sacrifice, which is the chemistry that the Celtics are enjoying now.
6955  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: February 17, 2017, 01:14:39 PM
I don't think we can manipulate bitcoin price it all about supply and demand even if we all try to there will be only little difference is price as bitcoin users are many.

We really can't manipulate bitcoin's price because it's something that is automatically increasing and decreasing base on the supply and demand of it in the market. And if you wanted to do some manipulation you should be one of those people or group that holds a lot of it in able to contribute some movements of its price.
That is the basic way to determine the price movement, however, volume of demand could come from a group of people who are whales or holding a good volume of bitcoin, with that, they can create a fake demand which will increase the price and since that was just a manipulated demand, the price will eventually back to normal or could fall as some people loses some trust when the price is unstable or so volatile.
Maybe in the near future when there's a close to equal distribution of bitcoin we can see that the price movement was due to legitimate demand of the majority. This is just my opinion since I really cannot confirm if this whales still has power to manipulate.
6956  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: February 17, 2017, 12:07:47 PM
For me the better way to invest our money is in ico or exchange our money into bitcoin currency and wait for the price to become high if we don't want or we are afraid to trade it into alternative coins to make profits then we choose icos investment where is you need to wait only.
there a lot of scam scheme in ico form nowadays so becareful put your money on something like that.

i will prefer to gamble instead doing something 50/50 between getting paid or gone forever. choose wisely to invest your money and don't go all in , don't put all the money you have in single place as investment and then investment will far better tahn have to gambling.
Every investment is risky because scammers are everywhere, however that should not be the hindrance why we should not try to invest. More people are successful in investment than aiming profit in gambling.

This is simply because gambling is not a good source of income but only for pure entertainment while investment gives us the opportunity to grow our money if we are smart enough to do our job to manage our investment well.

ICO nowadays are good  since bitcoin between continues its success and with that it's good for the entire economy of crypto currencies and your investment might give you more than double of your capital.
6957  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: February 17, 2017, 08:37:03 AM
When bitcoin will reach its peak in the price, I hope all will change his bad attitude towards this currency, that's just too late. Of course very pleased to be if your purse is stored a few hundred or even thousands of bitcoin at the price of $ 5-10k, as predicted experts in the field.

Nothing will change, even when the price of bitcoin increased up to the roof... The attitude of bitcoin users differ from each other... Besides, there are people who are not satisfied no matter what changes and improvement is done... Just take a look at the cash you are holding... Some still has a comment on it...

Lets just accept the fact that they are always there and they are part of the community...  Smiley
If the value increases fast that means there are people manipulating it or there are whales who are willing to hold bitcoins to make the price increase more. For normal people who does not have enough, when we see a price increase, we will be tempted to sell to cash out for a profit, we grab every opportunity to sell that's why we cannot get to the high peak price to sell.

I guess, those who says that bitcoin is dead is the same people who buy cheap bitcoins when there is a price dump.
6958  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: February 17, 2017, 07:21:45 AM
That is fine you don’t have to share every single thing with them if you don't feel like doing so will be right for you under those circumstances, also I’m not sure if I will be comfortable telling my friends about my trading activities because they are not risk takers and they may not like that I’m trading.

People are not comfortable with negative thing that they are doing so eventhough you win a huge amount from gambling site, you probably wont tell anyone about it. This is of course totally different from where you live, if you are from  country which is legal to gamble then you probably could tell this stuff easily to everyone unlike those from country which doesnt permit gambling
there is a place where gambling are not that negative, i mean indeed it is not a normal thing but people don't care where you get the money , from gambling or from anywhere else , so for those people there's nothing to worry.

those people who have no real job and rely on gambling as income of course will feel uncomfortable to tell anybody he is gambling all the time.
Not for me, but my problem now is how to make gambling as a source of income. If time will come that I will be given that kind of privilege, I would not be ashamed for sure, instead I will be very proud that finally I get out of employment and I can live my life with full freedom to control my time.

You have no idea how much  a gambler can earn when it's his source of income, there should be no limit and when you are confident you can always increase your bankroll for better return or profit.
6959  Economy / Economics / Re: Where can i invest my money? on: February 17, 2017, 06:55:17 AM
main rule in finance is do not put all eggs in one basket. diversify your portfolio. you can invest them in bitcoin and other legit projects. but you got to do your own due diligence.

i am agree with this, we need to spread our money in many investment type but we need to select only the best investment programs because there is many programs that waiting us to stolen our money. but i think, we can hold our bitcoin in my wallet and its recommended investment that we can do until we see the price is up and we can sell it.

keep the btc in your wallet? LOL


what's wrong? what's funny thing? by bought bitcoin with your fiat money you have invested in a very promising thing on the internet. nothing wrong i guess , but when it comes to growing your bitcoin on bitcoin business then you have to think more.

op says have a plan to build a mining farm which i think it is not a bad idea with that high amount capital he have, otherwise just keep holding your bitcoin.
Mining is a very serious investment, you need a good amount to save and as halving occurs the difficulty of mining increases which means you income will decrease especially when the value does not increase substantially. One of the best way to grow your bitcoins that I see the most profitable is by investing in casinos, it will certainly grow into a good amount, together with that, the value of bitcoin will increase overtime.
6960  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: February 15, 2017, 08:33:48 AM
Explaining the overall procedure may be quite difficult to teach the early teen though there are many ways such as YOUTUBE which provides info about all the things GOOGLE another easy way but it would be easier if they are teached in their late teen stage so that they can go on through their own
Well teens dont really care about bitcoins and they will not search it until someone told them so. Teens nowadays just watch trailers, assignments project and other things they need to do so they learn something from their studies.
Though noone is introducing them to bitcoin, they will not know it, so until someone told them about bitcoin and how you can earn some from it, they will not understand especially know bitcoin.
Bitcoin nowadays is very profitable as an investment, however, the interest of the kids is not yet in investing as they are not in need of money and in case they need, they can simply ask from their parents. Honestly, bitcoin investment is only for mature audience, due to our needs and dream to have a good future, we risk with bitcoin and fortunately, we have been getting good results so far.
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